Y7 Summit Communique 2022

Economic Advancement through Education and Innovation | Recommendation

We call for the empowerment of young people and temporary protection seekers to enter the workforce with confidence and the appropriate skillsets. To foster environmentally and socially sustainable innovation, opportunities and capital must be accessible in a fair manner.

1.2 Connect temporary protection seekers domestically and in sufficiently- resourced partner countries with civil society organisations and trade unions focused on providing job opportunities and labour protections. Create culturally sensitive, mental health-informed resources for employers on integrating temporary protection seekers into their workforce. Establish tools for retraining employees and reintegration of refugees and veterans for their employment and inclusion in society. Provide temporary protection seekers with working permissions while accessing the same training opportunities and conditions as regular employees.

1.1 Invest 0.5 % of GDP per year in the

appropriate education and skills training for all to adapt to and succeed in the digital and environmental transitions of jobs. Develop and promote strong partnerships between educational and scientific institutions, industry-leading companies, start-ups, MSMEs, and social enterprises to ensure young people have wider access to paid work placements. Introduce a globally-recognised, science- informed climate change certification program for decision-makers in the private and public sectors to promote ethical leadership.

1.3 Provide equitable financing tools

including grants, concessional loans, guarantees, fully funded R&D programs, private equity, and venture capital for entrepreneurs, MSMEs, particularly those from or operating in rural, indigenous, migrant, and historically marginalised and underrepresented groups or areas. Financial contributions should be conditional on good business practices, market feasibility studies and mentorship to ensure the sustainability of the business model.

YOUTH7 2022 COMMUNIQUÉ 11

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